Multiple choice general knowledge

Entering into and closing out a position within the same day is termed as ----------------

  1. Delivery intraday

  2. Delivery

  3. Intraday

  4. options

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Intraday trading refers to buying and selling financial instruments within the same trading day, with all positions squared off before market close. No delivery of shares occurs - only profit/loss is settled. Delivery involves taking ownership of shares, while options are derivative instruments.